ETH/USD perpetual quanto Short Setup
Entry: 197
Stop: 206.65
Target: 170.97
R:R: 2.7
Reason for Entry: Price has been consolidating at the green rectangle which should have acted as support and initiated an impulse move up by now (which did not happen even after 12 consecutive H4 candle closes). This indicates price wants to reach lower.
Trade management plan: I'll compound 2 more entries if we wick up
Stop: 206.65
Target: 170.97
R:R: 2.7
Reason for Entry: Price has been consolidating at the green rectangle which should have acted as support and initiated an impulse move up by now (which did not happen even after 12 consecutive H4 candle closes). This indicates price wants to reach lower.
Trade management plan: I'll compound 2 more entries if we wick up
İşlem aktif
Not
If the recent low (184.20) breaks, I see open air till my target.İşlem kapandı: durdurma seviyesi
Stopped out. 4.9% Loss.In hindsight, consolidation at a level (be it support or resistance) is always a trouble sign hence I should have exited the trade at B/E or with small profit. A strict trading rule to carry forward and implement in future.
Not
Staying out till I see a clear direction.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.